Ethereum demand surges with $700 million in ETF inflows and corporate purchases as Bitcoin tops $80k for the first time in three months.
US spot Bitcoin and Ethereum ETFs recorded $2.6 billion in combined inflows during the week of August 17-21, marking their strongest performance since October 2025. Ethereum led demand with nearly $700 million entering spot ETH ETFs, while BitMine added 32,447 ETH to its holdings.
The inflows coincide with Bitcoin surpassing $80k for the first time in three months, reflecting renewed investor interest. US regulators are advancing clearer crypto rules, though key market-structure legislation remains stalled in the Senate.
Sentiment has improved sharply, driven by regulated fund demand rather than short liquidations, signaling stronger underlying market strength.